It's part of a 9% reduction in ATMs across BofA's franchise in the first half of the year. Through June, BofA has slashed its automated teller network by 1,536 to 16,220 still in operation, according to filings.

Bloomberg explains the move as part of Project New BAC, the bank's ongoing cost-cutting and streamlining initiative.

According to Bloomberg: Bank of America chose to pull most of its ATMs at malls and gas stations in part because those devices only dispensed cash and weren’t available 24 hours a day, spokeswoman Anne Pace said in an interview. Customers want to be able to deposit checks at an ATM, she said. “It’s about convenience and access, that’s what the customers are looking for,” Pace said. “People aren’t banking 9 to 5, they are banking when it’s convenient for them.”

The technology is said to be more secure, especially for international travelers, than the traditional magnetic strip on the backs of most cards.

Bank of America is the second-largest bank in Central Florida, with $6.8 billion in deposits and 69 branches in the area.

Indianapolis-based Simon Property Group (NYSE: SPG) owns several local malls and was most recently bringing three new tenants — including an Orlando-area restaurant chain — into the Florida Mall and the Seminole Town Center.